UBS analyst Daniel Major upgraded Antofagasta to Neutral from Sell with a price target of 1,650 GBp, up from 1,200 GBp. After a challenging few years, the company’s bottom-up investment case is improving and its valuation is comparable to global copper peers, the analyst tells investors in a research note.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on ANFGF:
- Antofagasta price target lowered to 1,390 GBp from 1,640 GBp at Morgan Stanley
- Freeport-McMoRan upgraded to Outperform from Sector Perform at Scotiabank
- Antofagasta downgraded to Market Perform from Outperform at Bernstein
- Antofagasta price target lowered to 1,350 GBp from 1,390 GBp at Barclays
- Antofagasta price target lowered to 1,260 GBp from 1,280 GBp at JPMorgan
